IEIM300080 - Country-by-Country reporting: UPEs - Direction relating to contents of the CbC report

»Ê¹ÚÌåÓýapp UK rules use many terms and definitions that are taken from the and that guidance should be checked when completing a CbC report.

»Ê¹ÚÌåÓýapp report must be made in the XML format agreed at the OECD and which is acceptable for the EU. »Ê¹ÚÌåÓýapp report will show for each country (tax jurisdiction) in which the multinational carries on business:

  • the amount of revenue, profit before income tax and income tax paid and accrued; and
  • their total employment, capital, retained earnings and tangible assets.

UK UPEs will also have to identify each entity within their group doing business in a particular country and say what sort of business activity the entity is engaged in.

»Ê¹ÚÌåÓýapp OECD has issued guidance on the XML schema .Ìý

HMRC’s schema guidance is .Ìý